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June 20th - Market analysts predict gold will remain volatile next week as investors await the release of the US core personal consumption expenditures (core PCE) price index for clues about the Federal Reserves interest rate path. Stephen Innes, managing partner at SPI Asset Management, stated, "With the Fed now appearing more accustomed to changing circumstances and increasingly sensitive to upcoming inflation data, every major economic data release will have an impact, but the core PCE will be a key event for both gold and interest rate markets, and next week will be highly data-dependent." Innes also noted that stronger-than-expected inflation readings could boost the dollar, push up yields, and increase the risk of gold prices testing the $4,000 per ounce level. Gold investors should prepare for increased volatility and be wary of potential further sell-offs.June 20th - According to the China Railway Shanghai Group Co., Ltd., during the recent Dragon Boat Festival holiday, the group transported 4.031 million passengers, setting a new record for single-day passenger volume during the holiday. Today, the group expects to transport 2.49 million passengers and plans to add 93 passenger trains. Since the start of the Dragon Boat Festival holiday transport on June 18th, the group has transported a total of 7.584 million passengers, averaging approximately 3.792 million passengers per day, indicating strong holiday travel demand.According to Al Arabiya satellite television, Pakistans Interior Minister will travel to Tehran to meet with Iranian officials.Conflict Status: 1. Ukraine claims Russian military attacks on civilian boats and buses resulted in 1 death and 9 injuries. 2. The Ukrainian military claims to have attacked railway bridges in Russian-controlled Crimea. 3. The Kremlin: Russian airstrikes against Ukraine will continue; Ukraines policy is not aimed at negotiations. 4. Ukrainian Deputy Prime Minister: A Russian drone strike resulted in the death of a Panamanian crew member in the Black Sea. 5. Moscow Mayor Sobyanin reports that air defense forces shot down three drones heading towards Moscow. 6. Kyiv Electric Power Company DTEK: Russian attacks over the past two days have severely damaged DTEK energy facilities in Ukraines Dnipropetrovsk region. Peace Negotiations: 1. Zelenskyy stated that Ukrainian-Russian negotiations may resume, allowing Russia to finalize specific forms. 2. The Kremlin stated that Russia is willing to engage in dialogue with Europe but will not accept ultimatums. 3. European Commission President Ursula von der Leyen: When Russia comes to the negotiating table, we need a united European message. 4. European Council President Costa: We need to support Ukraine through diplomatic means, including establishing direct communication channels with Russia. Other developments: 1. The Central Bank of Russia cut interest rates by 25 basis points, compared to market expectations of a 50 basis point cut. 2. The International Atomic Energy Agency: Repairs have begun on the main transmission lines of the Zaporizhia nuclear power plant. 3. According to sources, Russias daily gasoline production this week has decreased by a quarter compared to the average daily level in June last year.US President Trump: US Secretary of Defense Hergsay is a born fighter. He has never known what it means to admit defeat. He has an extremely tough personality and is a person who loves the military from the bottom of his heart.

AstraZeneca's nasal spray vaccine trial for COVID experiences a setback

Charlie Brooks

Oct 11, 2022 11:23

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Tuesday, attempts by researchers from Oxford University and AstraZeneca (NASDAQ:AZN) Plc to manufacture a nasal-spray version of their jointly developed COVID-19 injection were hindered by the failure of first human tests to give the required degree of protection.


During the first of generally three phases of clinical testing, a minority of trial participants had an antibody response in their respiratory mucous membranes, according to a statement released by the University of Oxford on Tuesday.


In addition, the immune response measured in the blood was weaker than that caused by an arm injection.


Researchers from throughout the world have high hopes for nasal spray vaccinations against the coronavirus, as it is predicted that the method could prevent infection and illness by stimulating an immune response directly in the airways, where the virus enters the body.


In addition, the method would be less painful and easier to administer than injections.


In India and China, regulators have previously authorized the administration of drugs via the airways.


Last month, India's health minister approved Bharat Biotech's COVID-19 nasal spray vaccine, while China's medicines regulator approved CanSino Biologics Inc's COVID-19 inhaled vaccine on an emergency basis.


CanSino has said that its nebuliser-delivered vaccine can develop robust immunity to successfully restrict disease, but Bharat's trial findings are not yet available.


The British study included 30 unvaccinated patients and 12 volunteers who had previously undergone a normal two-dose immunization course.


In this study, the nasal spray did not perform as well as anticipated, according to Sandy Douglas, the trial's primary investigator at the Jenner Institute of Oxford University.


She went on to say, "We believe that delivery of vaccinations through the nose and lungs remains a viable option, but this study suggests that there will be challenges in making nasal sprays a reliable alternative."


During the AstraZeneca-funded trial, no severe adverse events or safety concerns were reported, according to the release.